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Gas prices rise 9 cents in the SCV

Posted: July 24, 2012 2:00 a.m.
Updated: July 24, 2012 2:00 a.m.
 

Gas prices have risen about nine cents a gallon in the Santa Clarita Valley over the past week, according to price-survey information released Monday.

Prices in Los Angeles were up an average of seven cents a gallon for the week, and statewide gasoline cost an average of a nickel a gallon more than last week.

“Gasoline prices continue to rise across much of the nation,” said Gasbuddy.com Senior Petroleum Analyst Patrick DeHaan. “I don’t expect the national average to break out of its mid-$3/gallon rut until mid- to late September; then we may get some action to the downside.”

Gas prices ranged from a high of $3.95 a gallon to as low as $3.64 a gallon at a number of local stations Monday, according to information from the gasoline price-tracking website Gasbuddy.com. The lowest price last week was $3.55 a gallon and the highest was $3.85 a gallon.

Gas prices averaged $3.80 a gallon throughout the Santa Clarita Valley, up from $3.71 a gallon last week.

In L.A., gas prices averaged $3.80 a gallon. Statewide, they stood at an average $3.81 a gallon, according to the U.S. Energy Information Administration. California gas prices were only about one cent cheaper on Monday than they were a year ago.

Nationally, the average price for a gallon of gas rose almost seven cents a gallon from one week ago to $3.49 a gallon, according to the U.S. Energy Information Administration. Prices are still more than 20 cents a gallon cheaper than they were a year ago.

Some analysts say the increase in gas prices was predictable and that motorists shouldn’t expect a decrease in prices anytime soon.

To check for the lowest price near your home, visit http://www.the-signal.com/gasprices/.

kjonas@the-signal.com

661-287-5517

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